- Overview
- Performance
- Characteristics
- Ratings
- Distributions
- Expenses
- Documents
Thrivent Moderately Aggressive Allocation Fund
Class
S
A
- Overview
- Performance
- Characteristics
- Ratings
- Distributions
- Expenses
- Documents
Mutual Funds 
Thrivent Asset Allocation Funds
Thrivent Moderately Aggressive Allocation Fund seeks long-term capital growth.
This Fund, the second-most aggressive option in Thrivent's suite of Asset Allocation Funds, is designed for investors with a long-term time horizon and moderately high risk tolerance. The Fund is globally diversified across major equity and fixed income sectors and styles. The Fund is actively managed and invests in a combination of other funds managed by the Adviser and direct investments in equity and debt instruments.
The Fund may be suitable for investors who:
- Seek long-term growth
- Have a long-term investment time horizon and a moderately aggressive risk tolerance
- Are able to withstand a moderately high level of risk and volatility in pursuit of moderately high long-term returns
Fund management
Our seasoned team of more than 140 investment professionals brings their deep expertise to managing each fund so you can feel confident in the choices you’re making. More than 80% have at least 10 years of experience, more than 50% have more than 20 years of investment experience, and more than 80% have earned the Chartered Financial Analyst designation, an advanced degree, or both.
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David S. Royal
Chief Financial Officer & Chief Investment Officer
Managing this fund since 2018
Mr. Royal joined Thrivent in 2006.He is the Chief Financial Officer and Chief Investment Officer at Thrivent.Read more.
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Stephen D. Lowe, CFA
Chief Investment Strategist
Managing this fund since 2016
Mr. Lowe joined Thrivent in 1997. He is the Chief Investment Strategist and has served as the portfolio manager of various Thrivent mutual funds since 2009. He has also been a senior portfolio manager of the high yield portion of Thrivent's general account since 2005. Read more.
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David Spangler, CFA
Head of Mixed Assets and Market Strategies
Managing this fund since 2019
Mr. Spangler joined Thrivent in 2002 serving as Director of Thrivent’s Investment Product Management group. Read more.
Performance
All data represents past performance. Past performance does not guarantee future results. Investment return and principal value of the investment will fluctuate so that an investor’s shares, when redeemed may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted.
Average Annualized Returns
as of 01/31/2024
0.89% Net annual fund operating expenses
1.12% Total annual fund operating expenses
| Thrivent Moderately Aggressive Allocation Fund | S&P 500® Index | Bloomberg U.S. Aggregate Bond Index | MSCI ACWI ex-USA - USD Net Returns | Morningstar Moderately Aggressive Allocation Avg | |
|---|---|---|---|---|---|
| 3M | 13.75% | 16.01% | 8.23% | 13.34% | 12.73% |
| YTD | 0.62% | 1.68% | -0.27% | -0.99% | 0.30% |
| 1Y | 10.76% | 20.82% | 2.10% | 5.88% | 9.36% |
| 3Y | 4.47% | 10.99% | -3.17% | 1.14% | 4.61% |
| 5Y | 7.99% | 14.30% | 0.83% | 5.32% | 7.81% |
| 10Y | 7.34% | 12.62% | 1.63% | 4.21% | 6.90% |
The Adviser has contractually agreed, for as long as the current fee structure is in place, to waive certain investment advisory fees associated with the Fund. If not waived, returns would have been lower. Refer to the Fees & Expenses table in the prospectus.
See data by:
Growth of 10K
as of 01/31/2024
$20,305
Total market value
$8,103
Current value of reinvested dividends and capital gains
Calendar year performance
as of 01/31/2024
Characteristics
All data represents past performance. Past performance does not guarantee future results. Investment return and principal value of the investment will fluctuate so that an investor’s shares, when redeemed may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted.
Holdings breakdown
as of 01/31/2024
Total number of holdings
2084
Turnover ratio (as of 12/29/2023)
31%
Top 10 Holdings
as of 12/29/2023
46.94%
of all holdings
N/A
N/A
| Security name | % of total assets |
|---|---|
| Thrivent Large Cap Growth Fund, Class S | 10.26% |
| Thrivent Large Cap Value Fund, Class S | 9.27% |
| Thrivent International Allocation Fund, Class S | 6.90% |
| Thrivent Mid Cap Stock Fund, Class S | 6.70% |
| Thrivent Global Stock Fund, Class S | 4.95% |
| Thrivent Core International Equity Fund | 1.99% |
| Thrivent Small Cap Stock Fund, Class S | 1.83% |
| Thrivent Income Fund, Class S | 1.77% |
| Thrivent Core Small Cap Value Fund | 1.64% |
| Thrivent Core Emerging Markets Equity Fund | 1.63% |
Fund Diversification
as of 12/29/2023
N/A
N/A
-
Large Cap Equity
38.47%
Mid Cap Equity
17.50%
Small Cap Equity
5.25%
International Equity
14.03%
Private Equity
.35%
High Yield Bonds
1.65%
Leveraged Loans
.02%
Investment-Grade Corporates
3.71%
Securitized Debt
4.20%
U.S. Government Bonds
3.29%
International Government Bonds
.73%
Flexible Income
.09%
Cash
10.71%
Equity characteristics
as of 01/31/2024
75.76%
of all holdings
P/E Ratio Return on Equity Thrivent Moderately Aggressive Allocation Fund 19.08 16.29% S&P 500® Index 24.10 24.63% Fixed Income characteristics
as of 01/31/2024
24.24%
of fund
Duration Average Life Thrivent Moderately Aggressive Allocation Fund 5.83 7.83 Bloomberg U.S. Aggregate Bond Index 6.17 8.68 Credit quality rating distribution
as of 01/31/2024
N/A
N/A
Bond type
% of total
-
High Quality (HQ) Bonds
81.67%
- Cash
.99%
- U.S. Government Guaranteed
48.62%
- AAA
1.88%
- AA
1.98%
- A
9.37%
- BBB
18.83%
Bond type
% of total
-
High Yield (HY) Bonds
14.99%
- BB
7.17%
- B
6.13%
- CCC
1.36%
- CC
.04%
- C
.15%
- D
.14%
-
Non-Rated (NR) Bonds
2.66%
-
May be HQ/HY/NR Bonds
.68%
- ETFs/Closed-End Funds
.68%
Beta
as of 01/31/2024
TMAFX
0.81
R2=46%
Lower than benchmark
S&P 500 1.0
Higher than benchmark
Volatility
as of 01/31/2024
Standard deviation Average annualized returns Thrivent Moderately Aggressive Allocation Fund 14.53 4.47 S&P 500® Index 17.51 10.99 Bloomberg U.S. Aggregate Bond Index 7.04 -3.17 Ratings
Morningstar
as of 01/31/2024
Category: Moderately Aggressive Allocation
Check out our funds that received 4- or 5-Star Overall Morningstar RatingTM
View
Funds in category
Overall
302
3-Year
302
5-Year
277
10-Year
220
Risk vs. category
2
Below Average
302
Return vs. category
3
Average
302
Morningstar ratings are calculated based on risk-adjusted return.
Fixed income style box
Hi
Med
Low
QUALITY
Limited
Moderate
Extensive
SENSITIVITY
Equity Style Map
Large
Mid
Small
Value
Blend
Growth
Weighted average of holdings
75% of fund's stock holdings
Distributions
as of 01/31/2024
Dividends Month End Nav February 2023 $0.0000 $14.84 March 2023 $0.0000 $15.04 April 2023 $0.0000 $15.15 May 2023 $0.0000 $14.92 June 2023 $0.0000 $15.73 July 2023 $0.0000 $16.19 August 2023 $0.0000 $15.84 September 2023 $0.0000 $15.26 October 2023 $0.0000 $14.81 November 2023 $0.0000 $15.94 December 2023 $0.2881 $16.14 January 2024 $0.0000 $16.24 Trailing 12-Months; Dividend Schedule: Paid Annually
Capital gains - trailing 12 months
as of 01/31/2024
Record date Short term capital gains Long term capital gains Total 12/13/2023 - $0.3113 $0.3113 Expenses, fees, and charges
Management Fees and Other Expenses 1.12% Distribution/12b-1 Fee None Total Annual Fund Operating Expenses 1.12% Less Waiver (0.23%) Net Annual Fund Operating Expenses 0.89% Redemption Fee None Transaction Fee None Low Balance Fee $10 semiannually Front-End Sales Charge None Back-End Sales Charge None The Adviser has contractually agreed, for as long as the current fee structure is in place, to waive certain investment advisory fees associated with the Fund. If not waived, returns would have been lower. Refer to the Fees & Expenses table in the prospectus.
Minimum investment
Initial for non-retirement accounts $2,000 Initial for retirement or tax deferred accounts $1,000 Additional Purchases $50 Initial minimums are waived when a recurring investment of $50 or more is set up
Due to rounding, some values may not total 100%.
